Pressure is according to your torch's instructions, it can be as little as 3 psi each, but range up to about 10 psi - ACETELYNE SHOULD NEVER EXCEED 15 PSIG - IT CAN EXPLODE!
For porosity, you could have too active a flame - it should be "quiet", not hissing, you could be holding torch too close, try a larger size, you could be overheating the metal, hold torch farther away or try a smaller size.
Blacksmith